VA Loan Limits: What Is The Most You Can Borrow In 2016?

The Veteran's Administration has retained its housing loan limits for 2016, establishing the total cap on liability on VA loans at last year's level of $417,000. The limits are raised this year for 235 American counties where the VA has determined that "high cost" housing prices require adjusted caps. The limits, established by The Federal Housing Finance Agency (FHFA), are for VA loans acquired by Fannie Mae and Freddie Mac .

The limits are established based on county median home values. The aim is to assist qualified veterans and families to purchase housing in these more costly neighborhoods without making down payments. Eligible veterans receive a basic $36,000 entitlement and participating lenders generally allow VA loans of up to four times that amount without requiring a down payment – providing that the borrower meets income and credit qualifications.

High-priced Counties with VA Limits Exceeding $417,000

STATE

COUNTY

2015 VA LIMIT

Regional Loan Center

AK

ALEUTIANS EAST

$625,500

DENVER

AK

ALEUTIANS WEST

$625,500

DENVER

AK

ANCHORAGE

$625,500

DENVER

AK

BETHEL

$625,500

DENVER

AK

BRISTOL BAY

$625,500

DENVER

AK

DENALI

$625,500

DENVER

AK

DILLINGHAM

$625,500

DENVER

AK

FAIRBANKS NORTH

$625,500

DENVER

AK

HAINES

$625,500

DENVER

AK

HOONAH-ANGOON

$625,500

DENVER

AK

JUNEAU

$625,500

DENVER

AK

KENAI PENINSULA

$625,500

DENVER

AK

KETCHIKAN GATEWAY

$625,500

DENVER

AK

KODIAK ISLAND

$625,500

DENVER

AK

LAKE AND PENINSULA

$625,500

DENVER

AK

MATANUSKA-SUSITNA

$625,500

DENVER

AK

NOME

$625,500

DENVER

AK

NORTHWEST ARCTIC

$625,500

DENVER

AK

NORTH SLOPE

$625,500

DENVER

AK

ST. PETERSBURG

$625,500

DENVER

AK

PRINCE OF WALES-HYDER

$625,500

DENVER

AK

SITKA

$625,500

DENVER

AK

SKAGWAY MUNICIPALITY

$625,500

DENVER

AK

SOUTHEAST FAIRBANKS

$625,500

DENVER

AK

VALDEZ-CORDOVA

$625,500

DENVER

AK

WADE HAMPTON

$625,500

DENVER

AK

WRANGELL CITY/BOROUGH

$625,500

DENVER

AK

YAKUTAT CITY

$625,500

DENVER

AK

YUKON-KOYUKUK

$625,500

DENVER

CA

ALAMEDA

$625,000

PHOENIX

CA

CONTRA COSTA

$625,000

PHOENIX

CA

EL DORADO

$474,950

PHOENIX

CA

LOS ANGELES

$625,500

PHOENIX

CA

MARIN

$625,500

PHOENIX

CA

MONTEREY

$502,550

PHOENIX

CA

NAPA

$615,250

PHOENIX

CA

ORANGE

$625,500

PHOENIX

CA

PLACER

$474,950

PHOENIX

CA

SACRAMENTO

$474,950

PHOENIX

CA

SAN BENITO

$625,500

PHOENIX

CA

SAN DIEGO

$562,350

PHOENIX

CA

SAN FRANCISCO

$625,500

PHOENIX

CA

SAN LUIS OBISPO

$561,200

PHOENIX

CA

SAN MATEO

$625,500

PHOENIX

CA

SANTA BARBARA

$625,500

PHOENIX

CA

SANTA CLARA

$625,500

PHOENIX

CA

SANTA CRUZ

$625,500

PHOENIX

CA

SONOMA

$520,950

PHOENIX

CA

VENTURA

$603,750

PHOENIX

CA

YOLO

$474,950

PHOENIX

CO

ADAMS

$424,350

DENVER

CO

ARAPAHOE

$424,350

DENVER

CO

BOULDER

$456,550

DENVER

CO

BROOMFIELD

$424,350

DENVER

CO

CLEAR CREEK

$424,350

DENVER

CO

DENVER

$424,350

DENVER

CO

DOUGLAS

$424,350

DENVER

CO

EAGLE

$625,500

DENVER

CO

ELBERT

$424,350

DENVER

CO

GARFIELD

$625,500

DENVER

CO

GILPIN

$424,350

DENVER

CO

JEFFERSON

$424,350

DENVER

CO

LAKE

$625,500

DENVER

CO

OURAY

$425,500

DENVER

CO

PARK

$424,350

DENVER

CO

PITKIN

$625,500

DENVER

CO

ROUTT

$625,500

DENVER

CO

SAN MIGUEL

$625,500

DENVER

CO

SUMMIT

$625,500

DENVER

CT

FAIRFIELD

$601,450

CLEVELAND

DC

DISTRICT OF COLUMBIA

$625,500

ROANOKE

FL

COLLIER

$448,500

ST. PETERSBURG

FL

MONROE

$529,000

ST. PETERSBURG

GU

GUAM

$625,500

HONOLULU

HI

HAWAII

$625,500

HONOLULU

HI

HONOLULU

$721,050

HONOLULU

HI

KALAWAO

$657,800

HONOLULU

HI

KAUAI

$713,000

HONOLULU

HI

MAUI

$657,800

HONOLULU

ID

BLAINE

$625,500

DENVER

ID

CAMAS

$625,500

DENVER

ID

LINCOLN

$625,500

DENVER

ID

TETON

$630,000

DENVER

MA

BRISTOL

$426,650

CLEVELAND

MA

DUKES

$625,500

CLEVELAND

MA

ESSEX

$517,500

CLEVELAND

MA

MIDDLESEX

$517,500

CLEVELAND

MA

NANTUCKET

$625,500

CLEVELAND

MA

NORFOLK

$517,500

CLEVELAND

MA

PLYMOUTH

$517,500

CLEVELAND

MA

SUFFOLK

$517,500

CLEVELAND

MD

ANNE ARUNDEL

$517,500

ROANOKE

MD

BALTIMORE

$517,500

ROANOKE

MD

CALVERT

$692,500

ROANOKE

MD

CARROLL

$517,500

ROANOKE

MD

CHARLES

$625,500

ROANOKE

MD

FREDERICK

$625,500

ROANOKE

MD

HARFORD

$517,500

ROANOKE

MD

HOWARD

$517,500

ROANOKE

MD

MONTGOMERY

$625,500

ROANOKE

MD

PRINCE GEORGE'S

$625,500

ROANOKE

MD

QUEEN ANNE'S

$517,500

ROANOKE

MP

SAIPAN

$529,000

HONOLULU

MP

TINIAN

$532,450

HONOLULU

MP

ANA ISLANDS

$418,750

ST. PETERSBURG

NC

CAMDEN

$625,500

ATLANTA

NC

CURRITUCK

$458,850

ATLANTA

NC

GATES

$458,850

ATLANTA

NC

HYDE

$483,000

ATLANTA

NC

PASQUOTANK

$625,500

ATLANTA

NC

PERQUIMANS

$625,500

ATLANTA

NH

ROCKINGHAM

$517,500

CLEVELAND

NH

STRAFFORD

$517,500

CLEVELAND

NJ

BERGEN

$625,500

CLEVELAND

NJ

ESSEX

$625,500

CLEVELAND

NJ

HUDSON

$625,500

CLEVELAND

NJ

HUNTERDON

$625,500

CLEVELAND

NJ

MIDDLESEX

$625,500

CLEVELAND

NJ

MONMOUTH

$625,500

CLEVELAND

NJ

MORRIS

$625,500

CLEVELAND

NJ

OCEAN

$625,500

CLEVELAND

NJ

PASSAIC

$625,500

CLEVELAND

NJ

SOMERSET

$625,500

CLEVELAND

NJ

SUSSEX

$625,500

CLEVELAND

NJ

UNION

$625,500

CLEVELAND

NY

BRONX

$625,500

CLEVELAND

NY

DUCHESS

$625,500

CLEVELAND

NY

KINGS

$625,500

CLEVELAND

NY

NASSAU

$625,500

CLEVELAND

NY

NEW YORK

$625,500

CLEVELAND

NY

ORANGE

$625,500

CLEVELAND

NY

PUTNAM

$625,500

CLEVELAND

NY

QUEENS

$625,500

CLEVELAND

NY

RICHMOND

$625,500

CLEVELAND

NY

ROCKLAND

$625,500

CLEVELAND

NY

SUFFOLK

$625,500

CLEVELAND

NY

WESTCHESTER

$625,500

CLEVELAND

PA

PIKE

$625,500

CLEVELAND

RI

BRISTOL

$426,650

CLEVELAND

RI

KENT

$426,650

CLEVELAND

RI

NEWPORT

$426,650

CLEVELAND

RI

PROVIDENCE

$426,650

CLEVELAND

RI

WASHINGTON

$426,650

CLEVELAND

TN

CANNON

$425,500

ROANOKE

TN

CHEATHAM

$425,500

ROANOKE

TN

DAVIDSON

$425,500

ROANOKE

TN

DICKSON

$425,500

ROANOKE

TN

HICKMAN

$425,500

ROANOKE

TN

MACON

$425,500

ROANOKE

TN

MAURY

$425,500

ROANOKE

TN

ROBERTSON

$425,500

ROANOKE

TN

RUTHERFORD

$425,500

ROANOKE

TN

SMITH

$425,500

ROANOKE

TN

SUMNER

$425,500

ROANOKE

TN

WILLIAMSON

$425,500

ROANOKE

TN

WILSON

$425,500

ROANOKE

UT

SALT LAKE

$600,300

DENVER

UT

SUMMIT

$600,300

DENVER

UT

TOOELE

$600,300

DENVER

VA

ABERMARLE

$437,000

ROANOKE

VA

ALEXANDRIA

$625,500

ROANOKE

VA

ARLINGTON

$625,500

ROANOKE

VA

BUCKINGHAM

$437,000

ROANOKE

VA

CAROLINE

$535,900

ROANOKE

VA

CHARLES CITY

$535,900

ROANOKE

VA

CHARLOTTESVILLE

$437,000

ROANOKE

VA

CHESAPEAKE CITY

$458,850

ROANOKE

VA

CHESTERFIELD

$535,900

ROANOKE

VA

CLARKE

$625,500

ROANOKE

VA

COLONIAL HEIGHTS

$535,900

ROANOKE

VA

CULPEPPER

$625,500

ROANOKE

VA

CUMBERLAND

$535,900

ROANOKE

VA

DINWIDDIE

$535,900

ROANOKE

VA

FAIRFAX COUNTY

$625,500

ROANOKE

VA

FAIRFAX CITY

$625,500

ROANOKE

VA

FALLS CHURCH

$625,500

ROANOKE

VA

FAUQUIER

$625,500

ROANOKE

VA

FLUVANNA

$437,000

ROANOKE

VA

FREDERICKSBURG

$625,500

ROANOKE

VA

GLOUCESTER

$458,850

ROANOKE

VA

GOOCHLAND

$535,000

ROANOKE

VA

GREENE

$437,000

ROANOKE

VA

HAMPTON CITY

$458,850

ROANOKE

VA

HANOVER

$535,900

ROANOKE

VA

HENRICO

$535,900

ROANOKE

VA

HOPEWELL CITY

$535,900

ROANOKE

VA

ISLE OF WIGHT

$458,850

ROANOKE

VA

JAMES CITY

$458,850

ROANOKE

VA

KING AND QUEEN

$535,900

ROANOKE

VA

KING WILLIAM

$535,900

ROANOKE

VA

LANCASTER

$442,750

ROANOKE

VA

LOUDUON

$625,500

ROANOKE

VA

MANASSAS CITY

$625,500

ROANOKE

VA

MANASSAS PARK

$625,500

ROANOKE

VA

MATHEWS

$458,850

ROANOKE

VA

NELSON

$437,000

ROANOKE

VA

NEW KENT

$535,900

ROANOKE

VA

NEWPORT NEWS

$458,850

ROANOKE

VA

NORFOLK CITY

$458,850

ROANOKE

VA

PETERSBURG CITY

$535,900

ROANOKE

VA

POQUOSON CITY

$458,850

ROANOKE

VA

PORTSMOUTH CITY

$458,850

ROANOKE

VA

POWHATAN

$535,900

ROANOKE

VA

PRINCE GEORGE

$535,900

ROANOKE

VA

PRINCE WILLIAM

$625,500

ROANOKE

VA

RAPPAHANNOCK

$625,500

ROANOKE

VA

RICHMOND CITY

$535,900

ROANOKE

VA

SPOTSYLVANIA

$625,500

ROANOKE

VA

STAFFORD

$625,500

ROANOKE

VA

SUFFOLK CITY

$458,850

ROANOKE

VA

SURREY

$458,850

ROANOKE

VA

SUSSEX

$535,900

ROANOKE

VA

VIRGINIA BEACH

$458,850

ROANOKE

VA

WARREN

$625,500

ROANOKE

VA

WILLIAMSBURG CITY

$458,850

ROANOKE

VA

YORK

$458,850

ROANOKE

VI

ST. CROIX

$625,500

ST. PETERSBURG

VI

ST. JOHN

$625,500

ST. PETERSBURG

VI

ST. THOMAS

$625,500

ST. PETERSBURG

WA

KING

$517,500

DENVER

WA

PIERCE

$517,500

DENVER

WA

SAN JUAN

$483,000

DENVER

WA

SNOHOMISH

$517,500

DENVER

WV

JEFFERSON

$625,500

ROANOKE

WY

TETON

$625,500

DENVER

Entitlements

For veterans who have had a VA loan before, remaining entitlements may be used on a 2016 loan. According to the VA, participating lenders require that the "combination of the guaranty entitlement and any cash down payment must equal at least 25 percent of the reasonable value or sales price of the property, whichever is less."

LendingTree's VA Loan Calculator can help veterans generate an estimate of their mortgage payments using variables such as base amount, funding fee, county of residence, property taxes, credit score and homeowner's insurance.